Construction work on the new terminal will commence in June2017 and will be completed by November 2018. The terminal will have a total capacity of 3.56 million metric tonne per annum.

Rakesh Verma, CEO, SIL, stated, “This agreement is in line with our strategic goals. We will combine our engineering acumen with project-and-risk-management expertise to provide complete solutions to Adani. Adventz Group is well diversified group operating in multiple areas, representing the fundamental drivers of the Indian economy such as agri products, heavy engineering, lifestyle products, real estate and infrastructure. Mundra LPG Terminal project will help us in contributing to India’s self-reliance in oil and gas sector also.”